14 Feb 2012 – Agents leave as sales slump

[COMMENT: article includes bar graph of dollar value of house and unit sales 2001 – 2011.]

(14 Feb 2012, AFR, p46, Ben Hurley)

‘Home sales fell to a six-year low last year, leaving a large overhang of unsold homes on the market and causing an exodus of people employed in the industry. RP Data figures show $180.9 billion of housing was sold last year, 18.3 per cent less than in 2010.’